AD Ports Group Board Endorses ADQ’s Dh6.25 Takeover Bid
The board of directors at Abu Dhabi Ports Group has officially advised shareholders to accept a cash buyout offer from ADQ, which aims to acquire all remaining shares of the logistics giant. This decision follows a thorough review by HSBC Bank Middle East, the company's independent financial advisor, which determined that the Dh6.25 per share price represents a fair valuation for investors. With the formal backing of the board, the proposal marks a major move toward bringing the company under the full ownership of Abu Dhabi’s sovereign investment framework.
ADQ, acting through its investment entity L’IMAD, currently holds roughly 75.42% of the company and is looking to secure the remaining 24.58% of outstanding shares. Shareholders have until September 15 to decide on the offer, which is based on an extensive analysis of market data, historical performance, and future cash flow projections. Since its public debut in 2022, AD Ports has become a cornerstone of the UAE’s global trade strategy, and this transition is expected to further solidify the emirate's status as a premier logistics and maritime hub.